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Spread Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

NEW YORK HARBOR ULSD May 2021/Jun 2021 Spread (NYMEX:HO.K21_M21)

Strong Downtrend (-100) - HO.K21_M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HO.K21_M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K21_M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HO.K21_M21
Open High Low HO.K21_M21 Price Change
-0.0073 -0.0060 -0.0094 -0.0069 -0.0006
Entry Signal

MarketClub’s Trade Triangles for HO.K21_M21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for HO.K21_M21

Based on our trend formula, HO.K21_M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HO.K21_M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0073 -0.0060 -0.0094 -0.0069 -0.0006
Prev. Close Volume Bid Ask Time
0.0066 321 2020-02-28 13:53:59
Open Time09:00Close Time14:30
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